Summary: To ensure underwriting process stability of a selected portfolio and thus minimize credit risk To maximize underwriting process efficiency
Job Responsibilities :
PROCESS & RISK MANAGEMENT: - Manage a team of 4-5 people- Responsible for scoring development- Responsible for underwriting process monitoring and optimization- Responsible for credit limit management for and risk policies development for revolving products- Undertakes analysis to discover segments of excess levels of credit risk- Prepare and document policy changes or new products in cooperation with Risk units and other departments- Developing standardized regular and ad-hoc reporting for various levels of management- Providing data extraction, analysis and visualization to support company-wide decision making- Propose challenges to an existing strategy, document it and evaluate performance- Cooperate on risk-related projects
COMMUNICATION: - Regular communication and cooperation with Underwriting, Anti-fraud, Portfolio Management and Collections Managers- Regular update of CRO and/or UW Head about activities and initiatives- Escalate risks and issues to appropriate level of management- Effectively communicate relevant information to CRO and to Headquarters
Desired Profile:- Expertise in risk management of revolving products (credit cards, overdrafts, etc)- Banking or Consumer Finance background- Practical experience in risk strategy and processes- Advanced financial and analytical thinking- Fluent in English- Communication and presentation skills- Minimum of 8+ years proven experience in Risk analytical or management position- Financial planning and profit and loss model- Knowledge of the Indian finance industry- Knowledge of anti-fraud and collections management
Who should join?- Able to work under pressure in a fast-paced environment- Out of the box thinking, able to find creative solutions- Ability to collaborate and interact effectively- Logical/Analytical mindset
